Gemini auctions beats previous record for daily auction volume, again!

For the second time this week, it was a record day in volume (measured in USDs) for the Gemini daily auctions.

Last month Gemini added a second daily auction, with the newly added auction occurring at a time of day convenient for those in east Asia (7pm SGT/HKT, which is 4am PDT).

The two auctions together have seen rising daily volume. Today, that volume was over $ 3.0M. That's about 7% above their previous daily record (which itself occurred on Tuesday).

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Bitcoin

Record Day for Gemini, both daily auctions combined ~$2.8M

Last month Gemini added a second daily auction, with the newly added auction occurring at a time of day convenient for those in east Asia (7pm SGT/HKT, which is 4am PDT).

The two auctions together have seen rising daily volume. Today, that volume was nearly $ 2.8M. That's about 15% above their previous daily record (which itself occurred only last Friday).

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Bitcoin

Winklevoss Bros’ Gemini Exchange Launches Daily Bitcoin Auctions

Gemini Trust Co., the New York-based digital currency exchange founded by the Winklevoss Brothers has begun the first-ever daily bitcoin auction in a bid to facilitate trading with higher volumes at lower costs with better prices. Starting today, the bitcoin ecosystem will see an exchange adopt a daily bitcoin auction at 4 P.M New York […]

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